When will this share start to show some positive upward movement? Been holding on to this share for quite a while now. Dropping some more today. Fundamentals are good the oder book for 2010 looks decent so surely it needs to show some recovery. Any views out there on PKH??
factitiously probably after your wits have ended and you sell out will it turn. Murphy and his mates like hanging around for this type of laugh.....TA wise could be a while still. RSI and STO down, Momentum not showing signs of up trend etc etc. May i ask why you decided to get into it?
So True... Got in on advise from a friend who knows one of the directors but quite a while back. Regretting it now because now playing the waiting game just to recover some of my losses and having to watch other shares take off.
Not only PKH, but a whole tipper truckload of construction shares have taken a similar beating over the last 2 months or so (MUR, BSR, WBO etc.) While the press has given the Construction sector a really hard time(World Cup spend ending, Dubai etc.), these guys are in severe oversold territory on Stochastics and one can't help but think there is a good trading opportunity lurking around the corner (eventually...). Tough call if you're already in though!